Succeeds Bob McLeod, company founder, who becomes executive chairman.
Builder
Newland announced the promotion of Ted Nelson from president and COO to CEO. Nelson will succeed Bob McLeod, who founded and grew Newland to one of the largest, most geographically diverse planned community and mixed-use developers in the country. McLeod will take on the role of executive chairman.
“Ted has a wealth of experience in community development. With an incredible passion and knowledge for our business, Ted brings the balance of creating a sense of place with the financial responsibilities of building a sustainable community,” said McLeod. “Ted’s new role reflects our confidence in him as a leader and operator of Newland to direct the company into the future.”